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Department Home | Agent and Agency Home | Insurance Insights Home

  Vol. 9, No. 2 - June 2020

In The Know


Important Information Regarding COVID-19 and Business Operations - Licensing

Due to the response to COVID-19, Pearson Vue testing locations continue operating at a limited seating capacity. However on May 20, 2020, many third party testing locations in Florida began offering our exams, which made additional testing times available throughout the state. To search for test centers and register for exams, please visit https://home.pearsonvue.com/fl/insurance.

There continues to be over 40 LiveScan fingerprinting locations open in Florida. To search fingerprint locations and register for fingerprinting services, please visit www.L1enrollment.com/FLInsurance.

Due to limited testing availability, temporary licensing is now available for certain license types. See below for more detailed information about obtaining these licenses.

Per CFO Directive 2020-07, Florida will begin issuing the following resident temporary licenses:

  • Temporary Life and Variable Annuity Contracts (T2-14)
  • Temporary Health (T2-40)
  • Temporary Personal Lines (T20-44)

Key points of the Order:

  • This Order applies to resident licenses only. Temporary non-resident licenses will not be issued. Qualifications for non-resident licenses remain the same.
  • For the temporary licenses above, passing the state licensing examination is NOT required. ALL other qualifications for the licenses are required, including fingerprints, pre-licensing courses, etc.
  • The temporary license applications can only be submitted through the applicant's individual MyProfile account.
  • If applicant intends to obtain the permanent version of the license, make sure to apply for both the temporary and permanent license on the same application. This will save the applicant an additional $50 application fee, plus help ensure the permanent license is issued once the test centers re-open, and the applicant passes the applicable state examination.
  • Please click here for instructions on applying for a temporary and permanent license in the same application.
  • If the applicant ultimately wants a permanent 2-15 Life, Health and Variable Annuity license, the applicant should apply for the temporary T2-14 Temporary Life and Variable Annuity and T2-40 Temporary Health licenses AND the permanent 2-15 Life, Health and Variable Annuity license on the same application.
  • A 2-20 General Lines pre-licensing course may be used to obtain the T20-44 Temporary Personal Lines license. Temporary General Lines licenses will NOT be issued.
  • These temporary licenses will not show on the PDB, but will be displayed on the Department's Licensee Search.
  • Appointments are still required. Appointments can be submitted through the Department's eAppoint system.
  • These temporary licenses will expire six (6) months after the date of issuance, or upon issuance of a permanent license of the same type and class, whichever occurs first.
  • Permanent licenses still remain available for these license types IF the applicant qualifies via one of the avenues which exempts the state licensing exam (e.g., transfer, certain designations, college degree and required college courses, etc). Review the individual qualification page for the applicable license type to review all the ways to qualify.

In order to continue operating efficiently, we strongly encourage individuals to utilize our Upload Documents feature through their MyProfile account to submit application deficiency documents, instead of emailing them to us. If the option to upload documents isn't available in someone's account, it will appear within three hours after submitting a new license application in our system. (Note: If an application is submitted through the NIPR, the option will appear once the application reaches our system, typically the day after the application is submitted to the NIPR.)


Bail Bond Agencies - Register Your Agency Now
in the New "MyProfile" Account

Bail Bond agencies are required to designate a primary bail bond agent for each bail bond agency, and for each location of the bail bond agency in accordance with section 648.387, F.S. The primary agent must be a licensed and appointed bail bond agent and may not be the designated primary agent for more than one location.

Bail Bond agencies must now establish and access a MyProfile account for the agency and designate their primary bail bond agent. The paper application form will no longer be accepted by the Department.  Agencies that previously registered using the paper application are also required to set up a MyProfile account at this time.

To set up a MyProfile account, you will need to create a secure MyProfile "Bail Bond Agency" account type. When you do this, you will be able to take the following actions:

  • Add Owner/Officer
  • Designate and delete a primary bail bond agent.
  • Add locations
  • Delete locations
  • Change an address
  • Change login information
  • Email Address Changes
  • Grant Third-Party Privileges

As the Department strives to go paperless, the switch from paper to electronic is convenient and will allow licensees to update their individual and bail bond agency information via their secure MyProfile accounts in real time online.

This also allows the consumer-buying public to find and locate bail bond agents and agencies through the Department's Licensee Search, which has not been available until now.

Jails and courts will now be able to verify that a bail bond agent and agency is registered with the Department after they have designated a primary bail bond agent for a location.

For more instructions, please see our Bail Bond Agency Primary Agent User Guide.


Customer Representatives - COVID-19 Extension

CFO Jimmy Patronis has extended his Order regarding customer representative work location guidelines under Chief Financial Officer Order 2020-08.

We recommend all affected agencies, agents in charge, supervising general lines agents and customer representatives monitor future developments on this topic under "Industry Alerts" on the Division's website to maintain compliance.


Surplus Lines Premium Receipts Tax Decrease

The Florida surplus lines premium receipts tax will decrease from 5% to 4.94% effective July 1, 2020.

The new 4.94% tax rate has been updated in SLIP as well as the FSLSO Tax Estimator. The updated XML Batch schema will be released July 1, 2020.

All new and renewal policies with an effective date on or after July 1, 2020 will incur the new tax rate of 4.94% of the total gross premium as defined in Florida Statutes s. 626.932. Premiums for multistate policies will also be charged 4.94% for all state exposures, but filers will still be required to report Florida and non-Florida premium allocations.

Read FSLO Bulletin 2020-02>>


Reporting Title Agency Locations to the Department

Title agencies are not required to have separate branch licenses (though some still have them). The license of the main office may be used for each branch location, which means that a violation discovered at one branch could affect all the locations. Branch offices that perform closing services only do not need to be licensed and do not need a licensed agent at that location.

The agent in charge can be the same as another location as long as there are not any title insurance transactions taking place while the agent in charge is not present unless another licensed and appointed title agent is present at that location.

Title agencies (including any branch offices) are subject to the provisions of section 626.0428, F.S. Each branch location that does title insurance work must designate an agent in charge and notify the Department of the identity of the person and Florida license number designated as well as the location of the branch. The easiest way to notify the Department of this required information is by email to AgentLicensing@MyFloridaCFO.com.


Bail Bond - Power of Attorney Required

At the end of 2019, the Office of Insurance Regulation revised its administrative rule to remove the requirement that said:

69O-239.001, F.A.C. Justification of sureties.
(1) A surety shall execute an affidavit stating that she or he possesses the qualifications and net worth required to become a surety. The affidavit shall describe the surety's property and any encumbrances and shall state the number and amount of any bonds entered into by the surety at any court that remain undischarged.
(2) A bond agent, as defined in s. 648.25(2), shall justify her or his suretyship by attaching a copy of the power of attorney issued by the company to the bond or by attaching to the bond United States currency, a United States postal money order, or a cashier's check in the amount of the bond; but the United States currency, United States postal money order, or cashier's check cannot be used to secure more than one bond. Nothing herein shall prohibit two or more qualified sureties from each posting any portion of a bond amount, and being liable for only that amount, so long as the total posted by all cosureties is equal to the amount of bond required.

At least one surety company has notified their agents that the rule was changed to remove the requirement to attach the duly executed power of attorney to each appearance bond posted. The company did not advise their agents that the requirement still exists and must be followed.
The power of attorney must be attached to the appearance bond when presented to the jail. This is how the people at the jail know the person posting the bond still represent the surety company named on the bail bond. The jail, or the clerk of the court for that county, is supposed to keep the power of attorney with the appearance bond in case there are questions about the validity of the appearance bond in the future.
This section was removed from the Florida Administrative Code because it also exists in the Florida Statutes under Chapter 903 - Bail:

s. 903.09, F.S. Justification of sureties.
(1) A surety shall execute an affidavit stating that she or he possesses the qualifications and net worth required to become a surety. The affidavit shall describe the surety's property and any encumbrances and shall state the number and amount of any bonds entered into by the surety at any court that remain undischarged.
(2) A bond agent, as defined in s. 648.25(2), shall justify her or his suretyship by attaching a copy of the power of attorney issued by the company to the bond or by attaching to the bond United States currency, a United States postal money order, or a cashier's check in the amount of the bond; but the United States currency, United States postal money order, or cashier's check cannot be used to secure more than one bond. Nothing herein shall prohibit two or more qualified sureties from each posting any portion of a bond amount, and being liable for only that amount, so long as the total posted by all cosureties is equal to the amount of bond required.

Because the power of attorney requirements were also in the Florida Statutes, the wording in the Florida Administrative Code was redundant. The Office removed the wording in their rule as part of the rules reduction exercise that is done every year.


Verify before you sellAgents should always verify the companies they sell for are authorized to do business in Florida. If you suspect an entity is not authorized to transact insurance in Florida, please notify our office. Call 877-MY-FL-CFO (1-877-693-5236).

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